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ICICI Securities Equity Research Analyst salaries in India (Updated 2025)

Annual salary range
0 - 9 years exp.
₹7 Lakhs - ₹23.8 Lakhs
Salary of majority employees
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29% more than the average Equity Research Analyst Salary in Financial Services Companies for 0 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Equity Research Analyst Salary
1 - 9 years exp. (14 salaries)
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₹6 L/yr - ₹20 L/yr

Finance & Accounting
Equity Research Analyst Salary
1 - 9 years exp. (8 salaries)
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₹7 L/yr - ₹16 L/yr

Data Science & Analytics
Equity Research Analyst Salary
5 - 6 years exp. (AmbitionBox Estimate)
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₹13 L/yr - ₹15.8 L/yr

Last Updated: 23 Mar 2025

Companies similar to ICICI Securities for Equity Research Analyst

Company name Avg Annual Salary Open Jobs
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FactSet Equity Research Analyst Salary

0 - 3 years exp. (359 salaries)

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₹1.8 L/yr - ₹4.8 L/yr

arrow icon 73% less
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Morningstar Equity Research Analyst Salary

0 - 3 years exp. (88 salaries)

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₹3 L/yr - ₹6.5 L/yr

arrow icon 60% less
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HSBC Group Equity Research Analyst Salary

1 - 10 years exp. (29 salaries)

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₹15 L/yr - ₹39 L/yr

arrow icon 63% more
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₹2 L/yr - ₹6.5 L/yr

arrow icon 59% less
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UBS Equity Research Analyst Salary

0 - 11 years exp. (12 salaries)

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₹9 L/yr - ₹30.8 L/yr

arrow icon 36% more
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Motilal Oswal Equity Research Analyst Salary

0 - 8 years exp. (9 salaries)

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₹10 L/yr - ₹24 L/yr

arrow icon 33% more
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₹16.5 L/yr - ₹17.6 L/yr

arrow icon 24% more
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BNY Equity Research Analyst Salary

0 - 11 years exp. (6 salaries)

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₹5 L/yr - ₹11.6 L/yr

arrow icon 51% less
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Citicorp Equity Research Analyst Salary

8 - 14 years exp. (5 salaries)

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₹40 L/yr - ₹51 L/yr

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₹8.1 L/yr - ₹25.2 L/yr

arrow icon 5% more
1 job opening
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BNP Paribas Equity Research Analyst Salary

0 - 11 years exp. (4 salaries)

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₹33 L/yr - ₹93 L/yr

arrow icon 452% more
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₹50 L/yr - ₹1 Cr/yr

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₹4 L/yr - ₹5 L/yr

arrow icon 66% less
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Wells Fargo Equity Research Analyst Salary

0 - 9 years exp. (3 salaries)

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₹2.8 L/yr - ₹30 L/yr

arrow icon 5% less
Equity Research Analyst salary at ICICI Securities ranges between ₹7 Lakhs to ₹23.8 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 38 latest salaries received from various employees of ICICI Securities.

Latest annual salaries shared by ICICI Securities Equity Research Analyst

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Experience wise ICICI Securities Equity Research Analyst salaries

Last Updated: 23 Mar 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹11 L/yr - ₹20.9 L/yr
1 year  (13 salaries)

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₹6 L/yr - ₹18 L/yr
2 years  (5 salaries)

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₹7 L/yr - ₹22.6 L/yr
3 years  (4 salaries)

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₹5.5 L/yr - ₹23.5 L/yr
4 years (AmbitionBox Estimate)

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₹5.4 L/yr - ₹24.3 L/yr
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Similar Designation salaries in ICICI Securities

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₹7 L/yr - ₹18 L/yr
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₹3.8 L/yr - ₹12.1 L/yr
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₹3.5 L/yr - ₹9.9 L/yr
Senior Financial Analyst Salary
(AmbitionBox Estimate)
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₹11.3 L/yr - ₹14.5 L/yr
Senior Analyst Salary
(5 salaries)
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₹6 L/yr - ₹18.5 L/yr
Credit Analyst Salary
(AmbitionBox Estimate)
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₹4.8 L/yr - ₹6.1 L/yr
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₹3.5 L/yr - ₹19.5 L/yr
Analyst Salary
(9 salaries)
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₹4.6 L/yr - ₹18.6 L/yr
Deputy Manager Salary
(23 salaries)
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₹4 L/yr - ₹7 L/yr
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₹9.88 L/yr - ₹34.48 L/yr

Top skills at ICICI Securities for Equity Research Analyst

Business Research cement Communication Skills Industry Research Financial Modelling Capital Goods Power Infrastructure Real Estate

Salary related reviews for ICICI Securities

2.5

Rated by 6 employees for salary & benefits

Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 11 Nov 2021

3.0
 for  Salary and Benefits

Likes

Only positive side about working here is that you will receive your salary on time.

read more

Dislikes

I worked here in Equity Product Group (EPG) department for around 6 months. I didn't at all like working here. There were no scope for learning/skill development, work environment turned toxic after one month of joining and work life balance became terrible. Work satisfaction was zero for me since I didn't like to push sell products to customers, which they don't need or infact won't be beneficial for them, just to achieve my target. Your superior will give you extreme pressure to achieve your target and the targets are so high that one cannot achieve it in honest ways. Even superiors will suggest you to lie to customers but they will never give their consent in writing. So if at anytime a complaint is lodged against you for misconduct to the Regulators (SEBI, RBI, etc.) then GOD help you because you'll be on your own. If you face problem in achieving target, the superiors instead of help solving your problems or giving PROPER TRAINING to you, will insult you in front of your co-workers and tell you to leave the job. They will create the work environment so toxic that you'll be forced to resign from the company. Also you are expected to come office on time but you won't be allowed to leave until you achieve your daily targets. I'll never suggest anyone to join this company, especially EPG department.

read more
  • Skill development - Bad
  • +5 more

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 06 Aug 2024

5.0
 for  Salary and Benefits

Likes

...nings and growth to the Securities Market as well as in my Career Opportunities. The benefits and compensation, HR policies were also good which helped me to become financially independent person. Thank you ICICI Securities for giving me all this and I would love to be the part of this organisation again!

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  • Salary - Excellent
  • +6 more

Dislikes

At times it was hard to handle the excessive pressure but was manageable. Also, to take leaves was really a tough job when it is genuinely needed and you have leave balance left.

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Full Time

 · 

Engineering - Software & QA Department

2.0
  •  posted on 29 Nov 2024

4.0
 for  Salary and Benefits

Likes

-compensation -work/life balance

  • Salary - Good
  • +2 more

Dislikes

-people and culture. still working in era of 5 day week with people having pseudo seniority complex. - no infra for newer tech. still stuck in ProC and Oracle. Microservice is an alien concept here

read more
  • Skill development - Bad
  • +3 more

Full Time

 · 

Marketing & Communication Department

1.0
  •  posted on 16 Dec 2023

2.0
 for  Salary and Benefits

Likes

If you complete your target (depending on manager demand), you can enjoy bonus.

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Dislikes

Traget pressure can make you a cold-blooded person because you need to acquire new clients every day. There are a total of 17 products you need to sell to the customers by calling them and asking them to invest. If you have a big family or friends circle, you can join this company because you can ask your friends or family to open an account, which will be easy to achieve weekly and monthly target.

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  • Salary - Poor
  • +4 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 05 May 2023

3.0
 for  Salary and Benefits

Likes

Attractive salary Brand name

Dislikes

No job security Heavy job pressure No (0) work life balance (10hrs shift plus frequent over time) Too much tele calling Horrible work culture No learning at all apart from sales Unsupportive seniors and TLs Less holidays Unhealthy work environment No incentives Poor client base and leads At the time of interview it was said that it's a advisory job but it's a pure sales job. It is suggested that only salesperson join this job. For company it is suggested to treat their employees as humans and value customers. They say that they have customer first policy, but all they care is about brokerage and product sales.

read more
  • Skill development - Bad
  • +5 more
see more salary related reviews

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ICICI Securities Equity Research Analyst Salary FAQs

What is the salary of Equity Research Analyst at ICICI Securities ?
The average salary of a Equity Research Analyst at ICICI Securities in India typically ranges from ₹7.0 Lakhs to ₹23.8 Lakhs per year, depending on experience (from Fresher to 9 years).

The top 10% of Equity Research Analyst at ICICI Securities earn more than ₹19.7 Lakhs per year, and the top 1% earn over ₹35.0 Lakhs per year. Equity Research Analyst Salaries at ICICI Securities can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 30+ ICICI Securities employees in India.
What is the estimated take home salary of a Equity Research Analyst at ICICI Securities in India?
The estimated take-home salary of a Equity Research Analyst at ICICI Securities in India typically ranges from ₹96,283 to ₹98,885 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹23.8 Lakhs per year for employees with experience ranging from Fresher to 9 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 30+ salaries received from various employees of ICICI Securities. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Equity Research Analyst at ICICI Securities ?
To be a Equity Research Analyst at ICICI Securities in india, the key skills required include:

  • - Business Research
  • - cement
  • - Communication Skills
  • - Industry Research
  • - Financial Modelling

These skills are highly valued at ICICI Securities and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than ICICI Securities for Equity Research Analyst in India?
BNP Paribas ₹33.0 Lakhs to ₹93.0 Lakhs per year
Morgan Stanley ₹50.0 Lakhs to ₹104.8 Lakhs per year
Citicorp ₹40.0 Lakhs to ₹51.0 Lakhs per year
HSBC Group ₹15.0 Lakhs to ₹39.0 Lakhs per year
UBS ₹9.0 Lakhs to ₹30.8 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by ICICI Securities, depending on the role and experience level.
What is the salary of a Equity Research Analyst in companies similar to ICICI Securities in India?
The salary of a Equity Research Analyst at companies similar to ICICI Securities in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Motilal Oswal ₹10.0 Lakhs to ₹24.0 Lakhs per year
Kotak Securities ₹16.5 Lakhs to ₹17.6 Lakhs per year
SBI Securities ₹8.1 Lakhs to ₹25.2 Lakhs per year
Wells Fargo ₹2.8 Lakhs to ₹30.0 Lakhs per year
BNY ₹5.0 Lakhs to ₹11.6 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Equity Research Analyst at ICICI Securities in India?
The salary growth for a Equity Research Analyst at ICICI Securities depends on factors such as experience, performance, and promotions. On average, a Equity Research Analyst can expect the following growth trajectory at ICICI Securities:

Experience Average Salary Range
Fresher ₹11.0 Lakhs to ₹20.9 Lakhs per year
1 year ₹6.0 Lakhs to ₹18.0 Lakhs per year
2 years ₹7.0 Lakhs to ₹22.6 Lakhs per year
3 years ₹5.5 Lakhs to ₹23.5 Lakhs per year
and so on.

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ICICI Securities Equity Research Analyst salary in India ranges between ₹7 Lakhs to ₹23.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 38 ICICI Securities latest salaries received from various employees of ICICI Securities.